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FOX News
Feb 2, 2013 7:00am PST
, whether it's energy consumption or cigarette smoking or any one of the other things they have, what's the very first thing they do? they raise taxes! yet they say in this case, raising taxes is not going to affect economy. >> okay. gary, scholar is something we don't hear often on "bulls & bears." straight to susan. >> we need to put some of the recent numbers in context. yes, the percentage ticked up a little bit. but corporate earnings have been strong. the consumer confidence number that was out yesterday from the university of michigan was up. the consumer expectation number from university of michigan for the next six months was also up. so this is not consumers pull back from the economy. it was really more of a blip. when that gets revised, it will get revised upward. >> but toby, gdp did decline. that was really proof that just talking about tax hikes would hurt things. then consumer confidence plummeted, proof that tax hikes do really kill the economy and kill confidence. >> right. if tax hikes don't affect behavior, then why is it that these corporations put all thes
Search Results 0 to 3 of about 4 (some duplicates have been removed)